Shares of Nordstrom (NYSE: JWN), Dollar Tree (NASDAQ: DLTR), and Foot Locker (NYSE: FL) were among a number of retail names making big gains on Monday as the sector got a boost from several states beginning to reopen their economies or announcing plans to do so. Last Friday, Georgia allowed nonessential retail stores and businesses including gyms and barbershops to open, and on Monday restaurants and movie theaters were given the green light to open their doors. Investors not surprisingly viewed these moves as positive steps, and a sign that the worst of the crisis is behind the retail industry.
Firm's largest sales of the 1st quarter Continue reading...
Confluence Investment Management recently released its Q1 2020 Investor Letter, a copy of which you can download below. The All Cap Value Fund posted a return of -22.4% for the quarter (net of fees), outperforming its benchmark, the Russell 3000 Value Index which returned -27.3% in the same quarter. You should check out Confluence Investment […]
Although uncertain COVID-19 impacts and dismal margins are likely to affect Dollar Tree's (DLTR) Q1 results, robust demand for essential items act as a catalyst.
Wall Street is itching to know what’s on Nelson Peltz’s shopping list after the activist investor teased two new positions last week. Gordon Haskett suggests Colgate-Palmolive and Dollar Tree.
Dollar Tree (NASDAQ: DLTR) should be doing better than it is during the coronavirus pandemic. As states begin to reopen their economies and businesses are allowed to compete again, Dollar Tree may continue to lag behind its rivals. Dollar Tree's performance leading up to COVID-19 being declared a pandemic was not inspiring, as comparable sales rose an anemic 0.4% in the fourth quarter.
This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.
Consumers’ renewed focus on value amid a time of historic unemployment and economic uncertainty might seem like a slam dunk for dollar stores.
Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, will host its conference call for investors and analysts to discuss financial results for the first quarter ended May 2, 2020.
Firm's largest sales of the 1st quarter Continue reading...
Discounters and dollar stores like Dollar Tree, Family Dollar, Big Lots, and Dollar General are seeing plenty of traffic, and there’s plenty of long-term opportunities for the companies, Deutsche analyst Paul Trussell says.
Yahoo Finance speaks with Coca-Cola CEO James Quincey about the path forward from the COVID-19 pandemic.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Dollar Tree, Inc. New York, April 29, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dollar Tree, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Dollar Tree (DLTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Signs emerge that consumers are out there spending their new stimulus checks.
Walmart continues to push forward with opening coronavirus testing sites at its stores.
Target Chairman and CEO Brian Cornell weighs in on the state of the retailer amidst the coronavirus pandemic in a Yahoo Finance interview.
The S&P 500 gained 27% from its bottom on March 23 through April 24. We explain why these five stocks have fallen, and what they need to join the upside.
The you know what is about to hit the fan in America's retail sector because of the coronavirus pandemic.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]